venture capital

Retail Tech Startup Raises $30M in Series A

May 28, 2024

Aisles, a retail technology company based in Portland, Oregon, has closed a Series A funding round that brought in $30 million in additional capital. The new capital will be used […]

AI Update: Investing in Labor Disruption

February 29, 2024

Welcome to the newest edition of FindBiometrics’ AI update. Here’s the latest big news on the shifting landscape of AI and identity technology: An alignment-focused startup has emerged from stealth […]

Have VCs Been Investing in the Wrong Places?

February 9, 2024

Welcome to FindBiometrics’ digest of identity industry news. Here’s what you need to know about the world of digital identity and biometrics today: Senate Committee Flags VC Investment in CCP-linked […]

AI Update: There’s a Joke in Here Somewhere…

February 1, 2024

Welcome to the newest edition of FindBiometrics’ AI update. Here’s the latest big news on the shifting landscape of AI and identity technology: OpenAI has announced that its technology is […]

Anonybit Brings Funding to $8M as Privacy-by-Design Platform Generates Excitement

October 17, 2023

Anonybit has raised an additional $3 million in funding, bringing the startup’s total to $8 million. The seed extension round was led by JAM FINTOP, a collaborative venture between Jacobs […]

Visa and Mastercard Are Using Biometric Tech Sourced From a Sanctioned Chinese Firm

July 8, 2022

Mastercard and Visa are using facial recognition technology whose algorithm is sourced from SenseTime, one of the Chinese AI firms that have been blacklisted by the US government, according to […]

Ping to Target IAM Startups With New $50 Million Venture Fund

June 22, 2022

Ping Identity is creating a new venture capital fund to help drive innovation in the identity space. The newly launched Ping Ventures will operate under the direction of Anton Papp, […]

ID Tech: Why VCs Are Still Betting On Facial Recognition After the Tech Bubble Burst

June 9, 2022

A few weeks ago, we looked at how the bursting tech bubble is affecting funding for biometrics companies in the private markets. It wasn’t pretty. Investment data and VC sentiment […]

The Tech Bubble Is Bursting. VCs Are Nervous. What Does That Mean for Biometrics?

May 13, 2022

Market watchers have predicted 30 of the last three crashes, but this time the tech bubble really does seem to be bursting. In April, the Nasdaq had its worst decline […]

Mobile-based Biometric Authentication Startup Raises $6.2M

April 28, 2022

OwnID is looking to expand after bringing in $6.2 million in seed funding. The company currently has roughly 20 employees, and wants to double that number in the next year […]

Partners

FaceTec’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ finally make trusted, remote identity verification possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for 3D Liveness and Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

AuthenticID provides 100% automated identity verification and fraud detection solutions that are leveraged by companies worldwide, including 2 of the top 3 U.S. Banks, 8 out the top 10 wireless providers in North America, and 2 of the 3 credit bureaus. Using proprietary computer vision and machine learning technology, these solutions help companies accurately verify the identity of their users across retail, digital and call center environments for onboarding and ongoing re-authentication events; KYC, IAM, and more. The solutions are easy to integrate and provide customers a large ROI by stopping fraud losses, increasing customer conversion at onboarding, reducing operational costs and allowing quick and cost-effective operational scalability, all while ensuring global privacy regulations are complied with. https://www.authenticid.com/

Anonybit is a privacy-focused technology platform that provides decentralized solutions for securing personal data, particularly biometric information. Rather than storing sensitive data in centralized repositories, which are vulnerable to breaches, Anonybit uses a distributed architecture that breaks data into smaller encrypted bits and stores them across a network of decentralized nodes. This approach ensures that no single entity has access to the full dataset, enhancing privacy and security, even preventing insider threats. Anonybit is used by leading banks, fintechs and other enterprises for critical biometric identity functions like deduplication and blocklist checks, step up authentication, passwordless login and account recovery https://anonybit.io/

Identity Week aims to be a significant identity industry catalyst. It’s our mission is to help accelerate the move towards a world where trusted identity solutions enable governments and commercial organisations to provide citizens, employees, customers and consumers with a multitude of opportunities to transact in a seamless, yet secure manner. All the while preventing the efforts of those intent on doing harm. https://identityweek.net/

The Biometric Digital Identity Prism is a market landscape framework designed to help influencers and decision makers understand, innovate, and implement digital identity technologies and solutions. This innovative framework for understanding and evaluating the rapidly evolving biometric digital identity marketplace is the only market model that is truly biometric-centric based on the foundational conviction that in the age of digital transformation the only true, reliable link between humans and their digital data is biometrics. https://www.the-prism-project.com

ID R&D is an innovator of biometric facial liveness, document liveness, and voice biometrics. Ranked #1 by NIST, our patented passive approach to liveness, and specialized detection of voice clones, injection attacks and deepfakes, empowers KYC and authentication systems with fast, accurate and secure biometric verification technologies. Over 140 partners in more than 70 countries are collectively processing hundreds of millions of identity checks per year. ID R&D solutions easily integrate with mobile, web, messaging, smart speakers, set-top boxes, and IoT devices. Learn more: www.idrnd.ai

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